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JBS net revenue increases 5.8 percent in Q1

Company reports strong quarters for Pilgrim’s Pride, JBS USA Pork and JBS USA Beef segments

Jbs, the Brazil-based meat and poultry company, reported a 5.8 percent increase in net revenue for 2018 Q1 equal to BRL39.8 bn (US$ 10.5 bn).The company reported a 43.5 percent year-over-year increase in net income for the first quarter of its 2018 fiscal year: BRL506.5 million (US$142 million) for the quarter, compared to the BRL353 million (US$98.9 million) reported for the same quarter of fiscal...

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EFA News - European Food Agency